ARRIS GLOBAL LTD
Company Information
- Company Number
- 01672847
- Registered Address
- 12 New Fetter Lane, London, United Kingdom, EC4A 1JP
- Status
- Active
- Employee Count
- 239.0
- Turnover
- 1128560000.0
- EBITDA
- 51370000.0
Additional Details
- Website
- https://hellopace.com/
- Company Type
- Private limited Company
- Incorporated On
- 20 October 1982
- Nature of Business
- 61200 - Wireless telecommunications activities$61300 - Satellite telecommunications activities$61900 - Other telecommunications activities
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 69 | 15% | 31% | 54% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 62 | 19% | 28% | 53% | 25% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 62 | 9% | 33% | 58% | 32% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 56 | 6% | 68% | 26% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 52 | 12% | 67% | 21% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 71 | 9% | 28% | 63% | 64% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 57 | 32% | 35% | 33% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 49 | 35% | 48% | 17% | 28% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 67 | 13% | 35% | 52% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 42 | 40% | 30% | 30% | 43% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 44 | 38% | 29% | 33% | 48% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 37 | 37% | 56% | 7% | 48% |
Company Summary
ARRIS GLOBAL LTD
is a leading global provider of innovative technologies and solutions for broadband, video, and wireless networks
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility
Their sustainability program includes measures such as energy-efficient product design, waste reduction, and responsible sourcing of materials
They also have a strong focus on employee safety and well-being, as well as community engagement and support
ARRIS GLOBAL LTD
offers a wide range of products and services, including network infrastructure, video delivery systems, and wireless solutions
They cater to both residential and commercial customers, providing reliable and high-quality solutions for their connectivity needs
The company is led by a team of experienced and dedicated professionals, including CEO Bruce McClelland and Chairman Robert Stanzione
They are supported by a talented and diverse workforce, spread across their global offices
Customers can contact ARRIS GLOBAL LTD
through their website, where they can find information about their products and services, as well as access customer support
The company's registered office address is 387 Park Avenue South, 16th Floor, New York, NY 10016, USA
In conclusion, ARRIS GLOBAL LTD
is a reputable and sustainable company that offers innovative technologies and solutions for broadband, video, and wireless networks
With a strong commitment to sustainability and a talented team, the company is well-positioned for continued success in the future
Company Review
Trend Analysis
The average time taken for ARRIS GLOBAL LTD. to pay invoices has fluctuated over the past three periods, with an initial decrease from 37 days in the first period to 42 days in the second period before a sharp increase to 67 days in the third period. The fourth period saw a decrease to 49 days, followed by a slight increase to 57 days in the fifth period. The trend continued with a significant increase to 71 days in the sixth period, before a slight decrease to 52 days in the seventh period. However, it increased again to 56 days in the eighth period before a final increase to 62 days in the ninth and tenth periods.
Volatility Analysis
The volatility of ARRIS GLOBAL LTD.'s average time taken to pay invoices has been high, with significant fluctuations between periods. The largest change was seen between the third and fourth periods, with a 27-day increase in the average time taken to pay invoices. The volatility decreased in the fourth and fifth periods, with only an 8-day change. However, it increased again in the sixth period with a 22-day change, before decreasing in the seventh period with a 19-day change. The volatility continued to fluctuate, with a 6-day change in the eighth period, followed by a 6-day increase in the ninth period and a 7-day increase in the tenth period.
Summary Analysis
Overall, ARRIS GLOBAL LTD.'s average time taken to pay invoices has increased from 37 days in the first period to 62 days in the tenth period. The company has struggled to pay invoices within 30 days, with only 9-19% of invoices paid within that timeframe. The third period saw the worst performance, with only 13% of invoices paid within 30 days and a high percentage (52%) of invoices paid later than 60 days. However, there have been some improvements, with the seventh period showing the highest percentage (67%) of invoices paid between 31 and 60 days. The company has consistently maintained a 0% for invoices not paid within agreed terms, and the shortest (or only) standard payment period has remained at 48 days throughout all periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
ARRIS Global Ltd. is one of the main trading entities for the international markets of Commscope. ARRIS Global Ltd.'s standard payment terms are generally the starting point for supplier negotiations, and vary depending on the supplier, the negotiation and the circumstances (eg. Leases are immediate). Overall, ARRIS Global Ltd.'s standard payment term is 60 days.
Were there any changes to the standard payment terms in the reporting period?
Yes – Payment terms of ARRIS Global Ltd. suppliers can change for various reasons such as new negotiations, new contracts, an acquisition or a merger of common suppliers, and alignment of vendor payment terms for all sites under a parent supplier.
Any other information about payment terms
NA
Maximum contractual payment period agreed
180
Dispute Resolution Process
ARRIS Global Ltd. endeavours to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with a supplier and are typically managed by dedicated accounts payable team with support from the in-house legal team if required.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
✅
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
